The pair Shiba Inu/Tether (SHIB/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.000012150 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.000012570 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012730 |
| 2nd High | 0.000012610 |
| Next High | 0.000012570 |
| Current Price | 0.000012410 |
| Next Low | 0.000012150 |
| 2nd Low | 0.000012000 |
| 3rd Low | 0.000011810 |
0.000012480 – 0.000012570 – 0.000012480 – 0.000012150 – 0.000012000 – 0.000012290 — 55.257413204911 – 53.922526088137
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows – – –